---
schema_version: "secwatch.filing_event.v1"
accession: "0001056288-24-000003"
form_type: "8-K"
ticker: "FHI"
cik: "0001056288"
company_name: "FEDERATED HERMES, INC."
filed_at: "2024-01-25T23:59:59+00:00"
generated_at: "2026-06-06T17:25:52.497341+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Federated Hermes Q4 EPS $0.96, record AUM $757.6B; dividend $0.28

## Summary
- Q4 2023 EPS of $0.96 (diluted) vs. $0.63 in Q4 2022; net income $82.2M vs. $56.5M.
- Full-year 2023 EPS $3.40 vs. $2.65; net income $299.0M up from $239.5M.
- Total AUM hit record $757.6B at Dec. 31, 2023, up 13% YoY and 6% QoQ.
- Board declared $0.28 quarterly dividend, payable Feb. 15, 2024 to holders of record Feb. 8.
- Q4 share repurchases: 1.9M shares for $61.0M; full-year 5.3M shares for $178.0M.

## SEC filing metadata
- accession: 0001056288-24-000003
- form_type: 8-K
- ticker: FHI
- cik: 0001056288
- company_name: FEDERATED HERMES, INC.
- filed_at: 2024-01-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1056288/000105628824000003/0001056288-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1056288/000105628824000003/fhi-20240125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001056288-24-000003
- JSON: https://secwatch.observer/filing/0001056288-24-000003.json
- Plain text: https://secwatch.observer/filing/0001056288-24-000003.txt

## Key facts
- Earnings Releases
  FEDERATED HERMES, INC. reported full-year 2023 results: net income net income of $299.0 million for 2023, EPS full-year 2023 EPS of $3.40.
  - Period: full-year 2023
  - Net income: net income of $299.0 million for 2023
  - EPS: full-year 2023 EPS of $3.40
  - Result: reported results
  source text: Full-year 2023 EPS was $3.40, compared to $2.65 for 2022 on net income of $299.0 million for 2023, compared to $239.5 million for 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1056288/000105628824000003/0001056288-24-000003-index.htm
- Earnings Releases
  FEDERATED HERMES, INC. reported Q4 2023 results: net income net income of $82.2 million for Q4 2023, EPS Q4 2023 earnings per diluted share of $0.96.
  - Period: Q4 2023
  - Net income: net income of $82.2 million for Q4 2023
  - EPS: Q4 2023 earnings per diluted share of $0.96
  - Result: reported results
  source text: Federated Hermes, Inc. reports fourth quarter and full-year 2023 earnings • Q4 2023 earnings per diluted share of $0.96; full-year 2023 EPS of $3.40
  evidence_url: https://www.sec.gov/Archives/edgar/data/1056288/000105628824000003/0001056288-24-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.